The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

Highlights of 2021

Happy New Year to everyone! Despite the challenges everyone faced in 2021, the homes.co.nz team are thankful for all the support of our users and are looking forward to 2022.  Despite signs of cooling towards the end of the year,

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

A Reality Check on the Kiwi Dream

This month, we’re hearing from Dot Loves Data Government Director, Justin Lester, who’s analysis shows just how out of reach a house deposit is for many Kiwis around the country. These insights may not provide solace to those looking for

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

Intensifying your neighbourhood may be getting easier!

Increasing housing supply may become easier next year with the Government announcing to dramatically loosen residential planning rules. For our main urban areas, this will mean people will be able to develop up to three homes of up to three

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

First home buyers – Don’t give up!

With property prices increasing as they have, it comes as no surprise to see large increases in suburb median values around the country. Core Logic’s latest insights** suggest that there are now only 150 suburbs nationwide with median values less

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

What did we see in the property market last lockdown?

Well, that escalated quickly! One minute we were enjoying life in Level 1, and the next day we were in lockdown with all the challenges it posed. The team at homes.co.nz wishes everyone well during this time and fingers crossed

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

Has your home doubled in value?

There are signs that the market is finally slowing and many commentators are predicting that we may be approaching a turning point. Assuming we are approaching the end of the current property cycle, we thought we’d step back and provide

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

Have we seen the end of low interest rates?

The Reserve Bank has reported May’s average mortgage interest rates for 2, 3, 4 and 5 year fixed terms being higher than in April. This has followed a sustained period of falling interest rates, which has contributed to the property

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

Searching for a section?

The saying goes, if you want something done right, then do it yourself. However, when it comes to property, this may be easier said than done.  With prices for existing homes getting further and further out of reach, many potential

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

A Leg Up for First Home Buyers

It’s good news for first home buyers with changes to the support offered by the Government. These changes took effect from 1 April 2021 to better help prospective first home buyers get on the property ladder.  The 2 main initiatives

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

homes.co.nz Monthly Property Update – April 2021

First home buyers needing to look south March was a significant month for the property market, with the Government announcing their new housing policy. Here’s what you need to know: The bright-line test will be extended to 10 years for

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

homes.co.nz Monthly Property Update – March 2021

The homes.co.nz Monthly Property Update is generated using homes.co.nz’s March 2021 HomesEstimates, providing an up-to-date perspective on house values around New Zealand. Sales records in over 300 suburbs smashed  Are you continually surprised by how much your neighbour’s property is

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

homes.co.nz Monthly Property Update – January 2021

The waterfront premium around New Zealand While sitting on the beach this summer, did you find yourself looking around the nearby waterfront properties and dream? The team at homes.co.nz did too, and unfortunately the value of these homes often comes

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

homes.co.nz Monthly Property Update – December 2020

$1.46 Trillion and growing… Although challenging for most, 2020 has certainly been an interesting year for the New Zealand property market. Contrary to what many predicted, the market has rebounded from the Covid lockdown and we’re now seeing record prices

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

homes.co.nz Monthly Property Update – November 2020

New Zealand’s most tightly held areas  The supply of housing stock continues to be an issue right across the country. Fewer properties for sale and strong demand for housing are resulting in record prices. With limited supply being a major

The Data Team - homes.co.nz (Tom Lintern - Chief Data Scientist)

homes.co.nz Monthly Property Update – October 2020

Cheapest streets in the most expensive suburbs With property values continuing to increase, there are now 120 “million dollar” suburbs around the country. The majority of these are in Auckland, with 102 suburbs in the city having a median HomesEstimate